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 Video: What is a Stock Split?
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| Smith & Wesson Brands is a manufacturer and designer of firearms. Co. manufactures an array of handguns, long guns, handcuffs, firearm suppressors, and other firearm-related products for sale to a variety of customers, including firearm enthusiasts, collectors, individuals desiring home and personal protection, law enforcement and security agencies and officers, and military agencies in the U.S. and throughout the world. Co. sells its products under the Smith & Wesson, M&P, and Gemtech brands. Co. also sells its manufacturing services to other businesses to attempt to level-load its factories. Co. sells those services under its Smith & Wesson and Smith & Wesson Precision Components brands. According to our SWBI split history records, Smith and Wesson Brands has had 1 split. | |
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Smith and Wesson Brands (SWBI) has 1 split in our SWBI split history database. The split for SWBI took place on August 25, 2020. This was a 1301 for 1000 split, meaning for each 1000 shares of SWBI owned pre-split, the shareholder now owned 1301 shares. For example, a 1000 share position pre-split, became a 1301 share position following the split.
When a company such as Smith and Wesson Brands splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the SWBI split history from start to finish, an original position size of 1000 shares would have turned into 1301 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Smith and Wesson Brands shares, starting with a $10,000 purchase of SWBI, presented on a split-history-adjusted basis factoring in the complete SWBI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$10.97 |
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| End price/share: |
$16.99 |
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| Starting shares: |
911.58 |
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| Ending shares: |
1,004.30 |
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| Dividends reinvested/share: |
$1.35 |
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| Total return: |
70.63% |
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| Average Annual Total Return: |
5.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,067.76 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$10.97 |
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| End price/share: |
$16.99 |
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| Dividends collected/share: |
$1.35 |
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| Total return: |
67.18% |
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| Average Annual Total Return: |
5.27% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$16,715.04 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 08/25/2020 | 1301 for 1000 |
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